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News

Las Vegas Summit Club Estate Sets 2026 Record at $22.5 Million

By Matthias Binder March 9, 2026
Most expensive home of 2026 sells for $22.5M in Summit Club
Most expensive home of 2026 sells for $22.5M in Summit Club (Featured Image)
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Most expensive home of 2026 sells for $22.5M in Summit Club

Contents
A Modern Masterpiece on a Private Cul-de-SacStandout Architectural and Design ElementsSummit Club’s Exclusive Appeal Draws Elite BuyersExpert Views on the Deal and Market Momentum

A Modern Masterpiece on a Private Cul-de-Sac (Image Credits: Pixabay)

Las Vegas — A newly constructed mansion in the gated Summit Club community claimed the title of the city’s most expensive home sale of 2026 with a $22.5 million transaction at the end of February.[1][2]

A Modern Masterpiece on a Private Cul-de-Sac

The property at 10911 Discovery Peak Court spans nearly 12,000 square feet on a lot under one acre.[1][2] Developers from Dallas-based Robert Elliott Custom Homes built the two-story residence, their second project in the Las Vegas Valley.[1] It features six bedrooms and nine bathrooms, plus a detached four-car garage.

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Buyers secured the home after it entered contract in January, following price adjustments from an initial $28 million ask in 2024 down to $24.95 million.[2] The seller, Robert Elliott Custom Homes, closed the deal through a Delaware-registered LLC representing the anonymous purchaser.[2] Listing agent Ivan Sher of IS Luxury handled the transaction.

Standout Architectural and Design Elements

Visitors approach via a grand porte-cochère that leads to a spacious motor court and garage, emphasizing privacy on the cul-de-sac setting.[1] The ground floor centers around a chef’s kitchen equipped with a butler’s pantry, pot filler, espresso machine, and double ovens, adjacent to a wine room and theater.[1]

A standout primary suite occupies nearly 1,500 square feet on the main level, complete with a sitting room and dual bathrooms for single-story convenience.[1] Massive glass walls connect indoor spaces to the outdoors, while a double-height living room boasts a floor-to-ceiling marble fireplace.[2] Upstairs, additional bedrooms serve as a guest or family wing.

  • Infinity-edge pool with waterfall spa and sunken fire pit in the backyard.
  • Climate-controlled wine cellar and bar for entertaining.
  • Balconies offering panoramic mountain and Las Vegas Strip views.
  • Leveled turf area and expansive outdoor pavilion.
  • Indoor-outdoor flow enhanced by retractable glass systems.

Summit Club’s Exclusive Appeal Draws Elite Buyers

Situated in Summerlin, Summit Club provides country-club-style living with a private clubhouse and Tom Fazio-designed golf course.[2] Members enjoy high-end concierge services, from stocked refrigerators to mountain excursions, all within a secure, private enclave.[2] Initiation fees range from $400,000 to $450,000, with annual HOA and club dues around $150,000.

The community attracts out-of-state wealth seeking Nevada’s tax advantages and a relaxed Western lifestyle.[2] Vacant lots now start at $8 million, up sharply from prior levels of $2.5 million to $3 million.[1] A recent $21 million penthouse sale underscored the area’s strength, fetching over $4,200 per square foot.

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Expert Views on the Deal and Market Momentum

Ivan Sher called the property “very unique” for its new build and location, noting the buyer obtained a strong value at $1,879 per square foot against comparable sales near $3,000.[1] Robert Elliott highlighted the modern aesthetic, particularly the exterior that “jumps off the page,” tailored to Summit Club demands.

Sher added that the home delivers impressive features for the price, expressing enthusiasm for the builder’s future projects.[1] The sale outpaces all others in Las Vegas since last summer, with nearby listings approaching $30 million signaling sustained luxury demand.[2]

Key Takeaways:

  • The $22.5 million sale at 10911 Discovery Peak Court eclipses prior 2026 transactions and recent Summit Club records.
  • Nevada’s appeal grows for high-net-worth individuals prioritizing privacy and tax efficiency.
  • Luxury spec homes like this one blend cutting-edge design with resort-level amenities.

This transaction signals robust early-year activity in Las Vegas’ ultra-luxury segment, where exclusivity meets unparalleled views and service. What do you think about the rising prices in Summit Club? Tell us in the comments.

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